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🦎🚀 The funds are still flowing! 💰

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Modularism, not Maximalism

 

Celestia's mainnet is scheduled to launch tomorrow, along with the introduction of its native token, which will be available for trading on centralized exchanges, including Binance, Bybit, and KuCoin.

 

Unlike monolithic Layer-1 blockchains like Ethereum and Solana, Celestia is designed to be a modular network. This design aims to simplify the process for developers to create new blockchains using its platform.
 

In today's news, we have Animoca Brands having their hands in Saudi Arabia's NEOM megaproject, Thailand's KBank acquiring a crypto exchange, and another Telegram bot gets attacked!
 

Read on!

24h Hot Searches Worldwide 🔥

So Is Uptober Real?

 

Over the past 10 years, Uptober was true on a monthly basis for 8 years, but was effective on a year-to-date basis for just 6 years.
This Uptober, crypto markets gained 18% month-on-month, and marked 5 consecutive years of the Uptober phenomenon on a monthly basis.

 

Rabby Wallet is created by DeFi portfolio tracker Debank, a popular alternative to Metamask. Learn about its unique features and how to get started.

Saudi Vision 2030

 
The strategic investment arm of Saudi Arabia's NEOM megaproject, known as the NEOM Investment Fund, has proposed a $50 million investment in the crypto gaming investment company, Animoca Brands.
 

The primary aim of this partnership is to promote the development of Web3 infrastructure in the NEOM region, aligning with the objectives of the Saudi Vision 2030 plan.

 
Decrypt

Thai Acquisition
 

Kasikornbank, Thailand's second-largest bank by assets, has announced its acquisition of a local cryptocurrency exchange through a subsidiary.
 

In a letter submitted to the Stock Exchange of Thailand, Kasikornbank, often referred to as KBank, disclosed that it purchased 97% of the shares of Satang Corporation Co. Ltd., the operator of a digital asset exchange.
 

This acquisition was completed on October 27. The bank intends to rebrand Satang as Orbix Trade Co. Ltd., as stated in the filing.
 

The Block

Unibot-ched

 

Unibot, a Telegram-based trading tool, disclosed that it fell victim to a "token approval exploit."

 

The team estimated that approximately $630,000 worth of cryptocurrency had been impacted.

 

Unibot stated that any funds lost due to the bug on their new router would be compensated. 

 
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The Polygon Ecosystem Token (POL) will be replacing MATIC in the future. Learn about what's coming with Polygon 2.0, and the role of POL. Read more here.

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